Parking startup VADE, founded by NCSU, UNC-Chapel Hill students, closes on $500K seed round
The platform and app provides “real-time, per spot” parking availability. Its proprietary internet of technology (IoT) solution includes: ParkSight cameras, which are wireless and can be installed on any pole or building; computer vision to detect when vehicles are occupying parking spaces; and database and APIs to store the resulting data with the coordinates and ID of each spot.
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